Asset-Liability Committee

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Asset-Liability Committee

Also called ALCO. A committee at a bank charged with ensuring the bank has enough assets to pay for its liabilities. It does this by monitoring the risk of the bank's investments as well as its capital structure. It reports to the board of directors and generally must also provide information to regulators.
References in periodicals archive ?
Smith assumed her position effective September 15, 2014 and will serve on the Audit Committee and the Asset Liability Committee of the Board.
Banks like State Bank of India and Bank of India have not announced any change in their base rate after the asset liability committee (ALCO) meet review following the October 29 policy.
As for Caja Yanga, a discussion about Servus CU's governance model and recent experience in starting an Asset Liability Committee has helped the credit union further develop its enterprise risk management tools.
Prior to his promotion, Kochvar has served as executive vice president and treasurer for S&T Bank and was chairman of the Asset Liability Committee (ALCO) at the bank.
In our Asset Liability Committee, I portray the overall economic situation in light of the current developments and I present my outlook based on the future's prospect events that I anticipate.
He will be actively involved in loan transactions to help minimize risk, serve on the Asset Liability Committee and will also oversee Berkadia's Credit Committee.
Eric's unique skill set eminently qualifies him to serve as the Board's financial expert and to chair the Asset Liability Committee.
The official said therefore their asset liability committee, which met Wednesday has decided to keep the lending rates unchanged.
he will now also report to the asset liability committee, audit committee and the board of directors.
At Lehman Brothers, Harrison was also a member of the Asset Liability Committee which was responsible for managing the Firm's financial resources globally.
During his time with Kinecta, he started and built the company's Secondary Marketing and Allowance for Loan and Lease Losses teams; served as the chair of the Pricing Committee as portfolio manager, and he was also a member of the Asset Liability Committee.
Heagy was Vice Chairman of LaSalle Bank Corporation, Vice Chairman and a member of the Board of Directors of LaSalle Bank, Chairman of LaSalle Bank Corporation's Asset Liability Committee, and a Director of LaSalle Bank Midwest.

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